Think Inside Ltd

Think Inside Ltd, based in Hornchurch, UK, is a small, active company founded twelve years ago. With 21 employees and £4,994,810 in assets, it operates from a virtual address and is led by a solo founder and one director. The company has a stellar 5.0 Google rating based on three reviews, and regularly imports furniture, lighting, and prefabricated buildings – 20 months of import activity were recorded, with the last operation in June 2023.

The company’s website describes Think Inside as a team of designers, thinkers, builders, and interiors specialists delivering complete project solutions for workplace fitouts and building refurbishment projects. They work with clients ranging from global brands to startups, emphasizing an agile approach and client focus. Projects highlighted include work for Watkins Jones, Valeo Capital, and Arax Properties, showcasing a diverse portfolio of completed work. The website also features a blog with insights and news updates, and provides contact information and a Google Maps link to their office in London.

Financially, Think Inside Ltd presents a mixed picture. While current assets increased by 47% to £5,000,000, net losses deepened from -£26,000 to -£54,000. Bank borrowings decreased by 39%, reaching £150,000, and cash reserves fell 48% to £440,000. Creditors increased by 53% to £4,200,000, and trade debtors ballooned by 79% to £4,600,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the equity drop and increased debt raise concerns. The company is exempt from an audit as a small company, so the figures are unaudited.

The rise in trade debtors suggests that the company is having trouble getting paid quickly, while the increase in creditors could be due to expansion or investment. It's possible the company is burning through cash to grow, but it's also possible that the increased debt is a result of project financing.

Registered in England/Wales under the registration number 08213580, with a registered address at RM11 1XP, United Kingdom, Hornchurch, Essex, Suite 1 Concept House, 23 Billet Lane.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.